On December 22, the annual investment development working meeting themed on "Learning Benchmarking to Achieve Great Development and New Breakthroughs" was held by CR Power in Shenzhen. Shi Baofeng, President of CR Power, and other members of the management team and managers directly under the group presented. More than 130 people, including heads of all departments, regions, regional companies and directly subordinate units, leaders in charge of the development of all regions, heads of development departments, and leaders in charge of the development of regional companies, attended the meeting. Relevant personnel from the Strategic Management Department of China Resources Group were invited to attend. Zhang Junzheng, Vice Chairman of the Board of Directors of CR Power, made an introductory speech, and Jiang Lihui, Vice President of CR Power, presided over the meeting.

President Shi Baofeng gave a speech in which he fully affirmed the achievements made in the development work in 2021, and expressed that under the correct leadership of the Group in 2021, the auspicious start of the 14th Five-Year Plan made by employees with the spirit of overcoming difficulties, fighting and dedication, as well as the Successful completion of the annual investment and development objectives and tasks, fully demonstrated their ability, drive and execution. As 2022 is the crucial year to implement the objectives of the 14th Five-Year Plan, he stressed that making further breakthroughs in transformation and development and strengthening quality and efficiency, based on a deep understanding of the group's directive spirit on power and a clear direction of future development, are required to achieve large business scale and good qualitative efficiency.

President Shi put forward four focuses for investment and development in 2022. The first is to effectively improve position and strengthen mission by deeply recognizing the internal and external situation faced by the company, and correctly understanding the necessity and reality of the development goal of the 14th Five-Year Plan. The second is to create an "ecosystem" for high-quality development by actively exploring the extension of the industrial chain, carrying out internal and external cooperation, enriching and improving development strategies. The third is to achieve large-scale growth by focusing on the company's development strategy, attaching importance to the market, resources and channels, and optimizing the development layout. The fourth is to release the vitality of enterprise development and stimulate the motivation of entrepreneurship by establishing and improving the benchmarking system and perfecting the performance evaluation mechanism.

Vice-Chairman Zhang Junzheng made an introductory speech. He congratulated the company on its achievements in investment and development in 2021, and made an overall summary of the achievements and deficiencies of the company's development and investment in terms of new energy reserves, acquisition of development and construction indicators, implementation of the 13-word development policy and development strategy.

Vice President Jiang Lihui presided over the meeting. Aiming to summarize the achievements and shortcomings of development, clarify ideas and help achieve the 14th Five-Year Plan strategy, he claimed that greater contributions to the realization of high-quality and leapfrog development should be made with the spirit of facing difficulties and not being afraid of challenges based on the new energy development goals established by the company.

Xu Hongbo, Vice President of CR Power, made a report on the annual investment and development work, in which the investment and development achievements of the company's organizations at all levels have been comprehensively analyzed, and the shortcomings are summarized. In addition, he analyzed the industry trend and competitive environment in 2022 and deployed the development goals and measures in 2022.

Leaders of each region made reports on their annual investment and development work.